EmailEquities began today's session slightly higher before receiving an additional boost from positive consumer confidence data. Despite the upbeat data, stocks were unable to maintain the bullish tone as the major averages slipped into negative territory around midday. Stocks then extended their slide which also coincided with weakness in crude oil and the euro. The selling was broad-based, but financials, materials, industrials, and technology were among the worst performers. As a result, the S&P 500 ended lower by 1.1%.
Today after the close the following companies reported earnings: CPRT, JBL, OMN, SNX, CAMP
Futures are higher after hours: S&P 500 futures are +1.25 from fair value of 1435.05 and Nasdaq100 futures are +5.86 from fair value of 2797.64.
Tomorrow morning before the open one economic report is scheduled to be release: 1) MBA Mortgage Index.
Tomorrow before the open the following companies are scheduled to report earnings: CMTL, FUL, LNDC, TXI
